Investment Options and the Business Cycle
NBER Working Paper No. 13307
---- Acknowledgements -----
I thank J. Campbell, J. Eaton, R. Gordon, B. Hall, R. Hall, H. Hopenhayn, A. Kurmann, and N. Stokey for comments, V. Tsyrennikov for computations, corrections, comments, and for writing Appendix 1, and the NSF for support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.